July 28 (SeeNews) - Croatian electrical equipment manufacturer Koncar Elektroindustrija Group [ZSE:KOEI] said on Thursday its consolidated net profit soared to 224.6 million kuna ($30.4 million/ 29.9 million euro) in the first half of this year, from 74.3 million kuna in the same period of 2021.
Overall sales rose to 2.18 billion kuna from 1.59 billion kuna in the first half of 2021, Koncar said in a filing to the Zagreb Stock Exchange (ZSE).
Total revenue, following acquisition of power transmission equipment producer Dalekovod, grew 44% to 2.347 billion kuna.
Koncar's shares closed 2.92% higher at 880 kuna on Thursday on the Zagreb bourse.
(1 euro = 7.520 Croatian kuna)